Loan: Rustavi Azot LLC, 07.2016

Name: Loan: Rustavi Azot LLC, 07.2016
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

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Borrower

Profile

The enterprise "Azot" is the unique chemical enterprise of Transcaucasia, produsing mineral fertilizers. Ammonia, cyanic sodium, nitric acid, ammoniac water and other production also is issued. The enterprise is the basic supplier of nitric fertilizers in republics of Transcaucasia and a home market of Georgia. Consumers of production of the enterprise Nitrogen are also the countries of the Black Sea and Mediterranean pools (Greece, Israel, Italy, France, Spain, Turkey, Syria, Morocco, etc.) For past years patents of Georgia for inventions which introduction allows to improve technical and economic parameters of manufacture are given to manufacture and to raise quality of production according to requirements of consumers. The introduced newest development allow to make production corresponding to the world standards. Today at the enterprise Nitrogen works more than 2 thousand people. Capacities at full loading can give in one year about 450 thousand tons of mineral fertilizers, 400 thousand tons of ammonia, 10 thousand tons of cyanic sodium.

Borrower

Rustavi Azot LLC
Sector

corporate
Full borrower name

Rustavi Azot LLC
Industry

Chemical and petrochemical industry

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Loan information

Country

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Status

Granted
Type

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View

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Volume

30,000,000 USD
Signing

July 2016
Redemption

June 2021
Purpose of the loan

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Loan specifics

Interim loan, Islamic loan, With the participation of an international organization, Subordinated loan, Club credit, Multicurrency loan, Amortized loan, Deal with ECA, ESG
Settlement rate, %

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Loan extension

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Increase in loan amount

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Data for additional tranche

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Purpose of the loan (more)

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Changing the terms of the loan

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Security and guarantees

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Additional Information

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News

03/03/2016

Standard & Poor's withdrew credit rating on Georgia-based fertilizer producer Rustavi Azot LLC